More freshly-squeezed insight this week from our favourite stateside partners, Casino Cabbie.
The Juice Is Back.
New Jersey’s Caesars Tropicana Casino has relaunched its mobile app and desktop site in the Garden State, with a flourish — featuring enhanced functionality, a plethora of new titles and the kick of access to the famous Rewards Club.
“Caesars has a legacy in New Jersey with a history of providing a best-in-class gaming experience,” said Caesars Digital Senior VP of iGaming Matthew Sunderland.
“[This] is an important step in our progression toward providing valued customers with the best iGaming products in the industry.”
FanDuel Wins The Empire State Shoot-out
With New York state bettors spending a whopping US$16.4 billion on sports wagering in 2022, Flutter-owned FanDuel led the hustings with US$6.82 billion in total wagers and revenue of US$756 million.
DraftKings, US$5.02 billion handle, US$397.5 million revenue, came second; while Caesars trailed third with revenue of US$152.9 million and a handle of US$2.23 billion.
Despite the impressive sums, concerns about the high rate of tax–51 percent, compared to a national average of 19 percent–persist.
Yet, as the song says: “If you can make it here, you can make it anywhere!”
Texas, Lonesome No More
America’s biggest state, the one-time Republic of Texas, is on the cusp of embracing gambling in all its manifestations.
Hitherto the Lone Star state has only allowed the Texas Lottery, gaming in three Indian tribal casinos and pari-mutuel wagering on horse and greyhound racing.
But with House Bills 1942 and 2843 set to clear the state legislature online sports betting and wider casino action, all under the aegis of a yet-to-be-created Texas Gaming Commission, are now poised to rock ‘n roll.
In true Texas style, if you’re going to do it, do it wide and do it large.
Application for an online sportsbook licence will cost a mere US$500, with tax a lowly 10 percent.
Kentucky Welcomes Legal Sports Betting
The home of the storied Kentucky Derby–coming your way this May 6–has rubber-stamped House Bill 551, making way for legal sports betting in the Bluegrass State.
Nine race tracks will now be able to offer on-site retail sports betting, each with three skins, meaning–if you know your maths–that 27 licences are available from the Kentucky Horse Racing Commission.
And finally, more from Kentucky Derby-themed starts, with the launch of DraftKings’ new horse racing betting app, DK Horse, created with Churchill Downs Inc, the home and owners of the fabled thoroughbred sprint.
The pari-mutuel horse racing is already available in 12 territories, among them: CO, FL, MA, MI, MO, OR, VI, WA, WV, and WY.
Hope you know your US states.
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Winners announced next week.